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New head appointed to Uzbek state committee

A new chairman has been appointed to the Uzbek State Committee for Privatization, Demonopolization and Development of Competition.

Davron Khidoyatov has been appointed to this post by a decree of the Uzbek President Islam Karimov, according to a message from the committee.

Prior to his appointment, Khidoyatov served as the director general of the Uzbek-German joint venture 'JV MAN Auto-Uzbekistan', the committee said in its message.

Earlier, it was reported that Aziz Abdukhakimov, who served as the head of the state committee since November 2012, was appointed the Minister of Labor and Social Protection of Population of Uzbekistan in early July, 2014.

Uzbek State Committee for Privatization, Demonopolization and Development of Competition under the Cabinet of Ministers is a governmental body.

The committee's main objectives include the development and implementation of systematic measures to deepen privatization processes, introduction of new forms and methods of government property divestment, improvement of corporate governance system.

The state committee also monitors the execution of investment commitments by the investors, increasing the efficiency of antimonopoly regulation and the creation of a real competitive environment.

The state committee is also engaged in implementation of the restructuring and bankruptcy of insolvent enterprises, and takes measures for the pre-trial and trial reorganization, and for the external management of bankrupt enterprises.